Bulgaria Wine Market 2024

Description

In 2023, the wine market in Bulgaria stood at USD 1,341 million. Recording a CAGR of 7.9% from 2024 to 2029, the worth is projected to reach ~USD 2,117 million by 2029, according to the latest market data. The growth of the middle class in Bulgaria has led to increased disposable income, driving demand for premium and imported wines. Additionally, younger consumers are increasingly choosing wine over traditional alcoholic drinks. The surge in e-commerce has further facilitated this trend by offering consumers easy access to a broader selection of wines online.

This report provides a thorough assessment of the Bulgaria wine industry, presenting key market data including historical performance, growth trends, and future outlooks. It delves into various market segments and sub-segments, with a focus on important factors like product, and distribution channel. Through this detailed assessment, the report helps uncover the growth potential of the wine industry.

Market Segmentation

The wine market in Bulgaria is categorized into the following segments:
Product: fortified wine, non-grape wine, sparkling wine, still wine, others
Distribution channel: convenience stores, supermarkets and hypermarkets, discounters, specialty stores, small grocery stores, foodservice channels, e-commerce, others

The Bulgaria wine market is segmented on the basis of product, and distribution channel. On the basis of product, the wine market in Bulgaria has been segmented into fortified wine, non-grape wine, sparkling wine, still wine, and others. By distribution channel, the wine market in Bulgaria has been segmented into convenience stores, supermarkets and hypermarkets, discounters, specialty stores, small grocery stores, foodservice channels, e-commerce, and others.

Competitive Landscape

The Bulgaria wine market is highly competitive. As of 2023, the major players in the Bulgaria wine market were SIS Industries OOD, Marie Brizard & Roger International S.A.S, LVK Vinprom Targovishte AD, Domaine Boyar International EAD, VP Brands International SA, Lovico Lozari EAD, Katarzyna Estate EOOD, Balkantabako EOOD, Damianitza, Vinzavod AD, Vinprom Svishtov AD, Vinex Slavyantsi AD, Edoardo Miroglio EOOD, Les Grands Chais De France, Santa Sarah AD, Festa Holding Plc, Vinex Preslav AD, Villa Lyubimets EOOD.

This report provides a comprehensive analysis of the key players in the Bulgaria wine market, along with their performance from 2019 to 2023. By utilizing this data, businesses can gain a deeper understanding of market dynamics, including shifts in market share, the identification of leading players, and the rise of emerging companies. This information equips firms with a strategic advantage in a competitive landscape, enabling them to refine their market strategies and make informed, long-term decisions.

Why Buy This Report?

Obtain precise statistical data and forecasts for the Bulgaria wine market.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the Bulgaria wine market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Bulgaria wine market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.

Table of Contents

TABLE OF CONTENTS
Key findings
Report scope
Research methodology
Market overviewBulgaria wine market – product analysis
Bulgaria wine market – distribution channel analysis
Key players and market share
– SIS Industries OOD
– Marie Brizard & Roger International S.A.S
– LVK Vinprom Targovishte AD
– Domaine Boyar International EAD
– VP Brands International SA
…
Macroeconomic data and forecast
Disclaimer

FIGURES AND TABLES
Table Bulgaria wine market 2019-2029
Chart Bulgaria wine market, net growth, 2019-2029
Chart Bulgaria wine market, growth rates, 2019-2029
Table Bulgaria wine market by product, 2019-2029
Chart Bulgaria wine market by product, CAGR historic and forecast, 2019-2029
Chart Bulgaria wine market by product, 2019-2029
Table Bulgaria wine market by distribution channel, 2019-2029
Chart Bulgaria wine market by distribution channel, CAGR historic and forecast, 2019-2029
Chart Bulgaria wine market by distribution channel, 2019-2029
Table Bulgaria wine market share (%), by companies, 2019-2023
Chart Bulgaria wine market, by companies, 2023
Table Bulgaria wine market share (%), by brands, 2019-2023
Chart Bulgaria wine market, by brands, 2023
Table Bulgaria – population (millions) and forecast
Table Bulgaria – consumer price index (CPI) and forecast
Table Bulgaria – gross domestic product and forecast
Table Bulgaria wine market: spend as a proportion of GDP (%)
Table Bulgaria wine market: consumption per capita (population)